Nomura analysts are out today with updates on tech giant Apple Inc. (NASDAQ:AAPL) and video streaming firm Netflix, Inc. (NASDAQ:NFLX). While Apple’s iPhone SE shows early signs of success, Netflix plunges on dissapointing Q1 earnings. Let’s take a look and see what the analysts have to say.

Apple Inc.

Apple shares are getting a new bit of positive coverage from Nomura Equity Research’s Jeff Kvaal, who rates AAPL a Buy with a price target of $135, which implies an upside of 26% from current levels.

Kvaal wrote, “Our checks indicate iPhone SE lead time has been lengthening steadily since the launch. Delivery time is up to three weeks for most models in the U.S. and in China. Our component work, led by Anne Lee in Taiwan and Manabu Akizuki in Japan, indicates SE orders have upticked. We had previously estimated 10–20mn SEs in the first year; we think the 15–20mn range now appears more appropriate.”

“We believe consensus iPhone volume expectations (50/44/47mn through F4Q) are sufficiently, and perhaps overly, cautious. Given our production estimates (46/44/49), consensus embeds ~10% YoY sell-through decline. Our estimates (52/50/53mn) may mark the high end of the range,” the analyst added.

According to TipRanks.com, which measures analysts’ and bloggers’ success rate based on how their calls perform, analyst Jeff Kvaal has a yearly average return of 8.8% and a 51% success rate. Kvaal has an 2.0% average return when recommending AAPL, and is ranked #486 out of 3807 analysts.

Out of the 52 analysts polled by TipRanks, 40 rate Apple stock a Buy, 9 rate the stock a Hold and 3 recommend a Sell. With a return potential of 27%, the stock’s consensus target price stands at $136.55.

Netflix, Inc.

Netflix shares are down 14% as of this writing, after the company lowered its forecast for international subscriber growth next quarter, which prompted a slew of brokerages to slice their price target for the stock.

Nomura analyst Anthony Diclemente chimed in on the stock, reducing the price target from $130 to $125, while keeping the rating at Buy. Diclemente believes that there is an attractive entry point into the stock at present, as he continues to believe Netflix’s scale advantages will dwarf the competitive impact from new entrants.

Diclemente commented, “While we had worried about a cautious 2Q guide, we hadn’t suspected the international net addition guidance would prove as conservative; that said, there is a legitimately difficult comparison to the spike from the Australia/ New Zealand launch in 2Q15. Investor focus is now likely to shift to what 3Q and 2H international growth trend will look like; some may overshoot to the downside in their new models, as seasonal strength in the second half of the year may be overlooked owing to 2Q’s difficult YoY comparison. While we are moderating our international net addition trajectory, we believe a better, more normalized pattern of subscriber growth is likely for 2H16.”

According to TipRanks.com, analyst Anthony Diclemente has a yearly average return of 7.2% and a 63.2% success rate. Diclemente has a 1.3% average return when recommending NFLX, and is ranked #305 out of 3807 analysts.

Out of the 41 analysts polled by TipRanks, 25 are bullish on Netflix stock, 12 are neutral, and 4 are bearish. With a return potential of 26%, the stock’s consensus target price stands at $120.41.